TFEX_INDICATOR_SET13

4 Apr 2022

This Indicator use the calculated RSI of the top 13 stocks that have the highest market capitalization in SET50 where suitable for TFEX trading(S501!).

Conducted with 2 RSI period as follow:

• RSI Main (14)
  
• RSI Average (100)
  

How to use:

1) Use this Indicator by Crossover

• If the RSI Main Cross UP the RSI Average can assume as BUY SIGNAL
• If the RSI Main Cross DOWN the RSI Average can assume as SELL SIGNAL

2) Use this Indicator by Divergence of RSI Main

• If the RSI Main got any Regular Bullish or Hidden Bullish can assume as BUY SIGNAL
• If the RSI Main got any Regular Bearish or Hidden Bearish can assume as SELL SIGNAL

3) The combination of Divergence and Crossover

• If the RSI Main got any Regular Bullish or Hidden Bullish then pending for the RSI Main Cross UP the RSI Average which can assume as BUY SIGNAL
• If the RSI Main got any Regular Bearish or Hidden Bearish then pending for the RSI Main Cross DOWN the RSI Average which can assume as SELL SIGNAL

Preferred Timeframe

• 4H
  
• 2H
  
• 1H
  

4 Apr 2022

Nota Keluaran

Update name of the RSI appearance setting

5 Apr 2022

Nota Keluaran

Add Alert Conditions

20 Apr 2022

Nota Keluaran

Change Calculation from SCB to EA as SCB delisted in SET

20 Apr 2022

Nota Keluaran

Update Alert condition to have Overbought and Oversold
Edit last description: Change Calculation from SCB to CPN as SCB delisted in SET

20 Apr 2022

Nota Keluaran

Update Chart

16 Jan 2023

Nota Keluaran

Update NEW SET13 List

• AOT
  
• PTT
  
• DELTA
  
• PTTEP
  
• BCP
  
• CPALL
  
• KBANK
  
• DTAC
  
• BBL
  
• BDMS
  
• ESSO
  
• KTB
  
• GULF
  

1 Feb 2024

Nota Keluaran

Update new stock list